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Cyprus to clamp down as investigation reveals oligarchs moved assets after Ukraine invasion

Biggest ever leak of financial data from Cyprus raises concerns over EU state’s role in managing Russian fortunes
02:21 PM - Nov 14, 2023
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Cyprus has vowed to tighten controls on its financial sector as an investigation published by the Guardian and its reporting partners reveals oligarchs transferred hundreds of millions in assets while sanctions loomed after the Russian invasion of Ukraine.
02:21 PM - Nov 14, 2023
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The role of the blue-chip accountants PwC Cyprus and other advisers in managing transactions as Vladimir Putin’s forces launched their assault has emerged from Cyprus Confidential, a cache of 3.
02:21 PM - Nov 14, 2023
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6m files leaked by an anonymous source to the International Consortium of Investigative Journalists (ICIJ) and Germany’s Paper Trail Media, which shared access with the Guardian and other reporting partners.
02:21 PM - Nov 14, 2023
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The largest ever financial data leak from Cyprus also sheds light on how opaque offshore structures managed by accountants and corporate service providers in the EU member state may have enabled undisclosed payments to an influential western journalist, and potential breaches of rules around footb
02:21 PM - Nov 14, 2023
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all club financing.
02:21 PM - Nov 14, 2023
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